electric vehicles
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Honda Motors invests in fusion in hopes of finding ways to recharge EVs at scale.
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First production from the US supermajor's Arkansas lithium-rich asset is expected by 2027.
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Gentari aims to develop and deliver conventional renewable energy, hydrogen, and electric vehicle solutions in Asia Pacific and beyond.
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The electric vehicle industry is creating a “dot-com” boom around the energy transition, spinning off a multitude of startups as it creates its own supply chain of new technologies in battery manufacturing.
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Skyrocketing demand for the commodity has created a lithium deficit that could slow the pace of the energy transition. Industry is scrambling to find new sources by opening new mines or devising new technologies to extract lithium from brines, including brines found in produced water from oil and gas operations.
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Greenland may have said “no” to oil and gas, but its vast mineral wealth is up for grabs as the world’s biggest billionaires invest to claim metal reserves needed to manufacture batteries.
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For some, the payoff for going green can be astronomical. Others can rest assured that they will be well positioned in the transition.
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As electric vehicles make their move into the fast lane, the two high-profile companies are partnering to keep them on track.
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Even a robust adoption of electric vehicles in the next 2 decades would not eliminate the growth of either global oil consumption or carbon emissions, BP Chief Economist Spencer Dale said at the rollout of the company’s 2018 Energy Outlook.
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Even if EVs reach cost and performance parity with conventional combustion engines, a lot of questions remain about how long it will take for consumers to get comfortable that parity is real, and for manufacturers to turn over enough volume to make a big enough impact on the oil industry.
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